Tag: microfinance
Business
Accelerating sustainable development: The crucial role of microfinance and micro insurance institutions
As Ghana strives to achieve the United Nations’ Sustainable Development Goals (SDGs), microfinance and micro insurance institutions have become indispensable in making a participatory...
Business
Illicit microfinance manager handed 8-year jail term
An Accra Circuit Court has handed down an eight-year prison sentence with hard labor to a 34-year-old man for operating an unlicensed microfinance company....
News
Man jailed 8 years for operating microfinance with forged BoG license
An Accra Circuit Court has sentenced to eight years a 34-year-old man for forging a Bank of Ghana (BoG) license to operate a microfinance...
Business
Banking crisis: Receiver of 347 Micro Finance Institutions lists properties for auction
The Receiver of the 347 Microfinance Institutions (“MFIsâ€) and 23 Savings and Loans, and Finance Houses that collapsed or had their licenses revoked, is...
News
Well pay all depositors of collapsed Microfinance, S&Ls by end of July Receiver
The Receiver of the collapsed microfinance companies, savings and loans, and finance houses, Eric Nana Nipah says all affected depositors with valid claims will receive their...
Business
NBSSI: Micro business owners benefit from GH¢1m soft-loan
The National Board and Small Scale Industries (NBSSI) has disbursed some GH¢1m to micro-business owners in the country.This amount is part of the special...
Business
Defunct Microfinance: Receiver to revalue unsold vehicles for future auctioning
Spokesperson for Receiver of the defunct Savings and Loans companies, Philomena Kuzoe, says vehicles that fail to sell at the ongoing auctioning will be...
Business
Receiver of 347 collapse MFC turns 96 branches into operational
As at 23rd October 2019, The Receiver has designated 96 branches of the 347 Microfinance Companies placed into receivership as operational branches to serve...
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